China may invest in agriculture of the Crimea

China may invest in several projects in the agricultural sector of the Crimea, informed the source from the Russian delegation within frames of the official negotiations in Shanghai during the visit of Vladimir Putin, President of the Russian Federation, to the People's Republic of China on May 20-21.

According to the source, China confirmed that the Government is interested in investing in agriculture, processing, transportation, and construction of the plant on drip irrigation technologies in the Crimea.

Also, he added that the intentions are expressed rather cautiously yet, due to fear of possible sanctions by the United States against Chinese companies which can take part in the reporting projects.